Import Costs

Nintendo Switch 2 Delay Blamed on Trump Tariffs: Gamers Revolt

Nintendo delayed U.S. preorders for its Switch 2 console, originally scheduled for April 9th, due to President Trump’s newly implemented global tariffs. These tariffs, impacting manufacturing locations in Vietnam and Cambodia, significantly increase import costs for the console. As a result, Nintendo is reevaluating the Switch 2’s price, potentially pushing it above the already-high $449 price tag. Online, consumers expressed outrage, blaming Trump and his supporters for the preorder delay and anticipated price hike.

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Trump Closes China Tariff Loophole, Hitting Temu and Shein

Trump’s recent decision to close a loophole in China tariffs is sending ripples through the fast-fashion world, significantly impacting online retailers like Temu and Shein. The new tariff applies to international postal shipments valued under $800, imposing either a 30% levy on the item’s value or a minimum charge, whichever is higher. This means that smaller packages face a substantially increased cost.

Initially, the minimum tariff was set at $25, affecting packages up to roughly $83 in value. However, starting June 1st, 2025, this minimum charge doubles to $50, impacting packages valued up to approximately $167. For shipments exceeding these thresholds, the 30% tariff remains in effect.… Continue reading